GOOD CHARTING LOOKOUT READ BELOW I decided to d
Post# of 75003
I decided to do another chart work up on RMHB!!
Barchart shows the following info:
20% BUY for SHORT TERM FUTURE
75% BUY for MID TERM FUTURE
67% BUY for LONG TERM FUTURE
OVERALL BUY IS 48%
NOW FOR THE CHARTING INFO:
50-100 Day MACD Oscillator shows BUY!
With that indicator it shows its STRENGTH IS RATED AT MAXIMUM
Direction of that indicator show STRONGEST!
1st resistance at .1116
2nd resistance at .1153
RSI YESTERDAY 49.22-that needs to go up
AROON Oscillator still HOLDING STRONG AT 40! A GOOD LEVEL BEGINS AT 0 and HIGHER so 40 is PRETTY GOOD!
ADX
+D 26.55
-D 21.46 WHEN THE +D is HIGHER THAN THE -D THATS A GOOD THING!
ICHIMOKU CLOUD FULL INDICATOR STILL LOOKING GOOD FUTURE PREDICITIONS LOOK POSITIVE FOR THE NEXT 3 WEEKS OUT
PARABOLIC SAR INDICATOR IS STILL PUSHING UP WHICH IS A GOOD THING!
AROON INDICATOR
UP 80
DOWN 40 That indicator LOOKS GOOD AS WELL, IT WOULD BE BETTER THOUGH IF THE UP WAS EVEN HIGHER UP ALL THE WAY TO 100 AND THEN THE DOWN GOING LOWER, OVERALL STILL GOOD THOUGH
HERES SOMETHING GOOD TO KNOW:
AN X WAS FORMED ON THE CHART MARCH 1st WHICH INDICATES A GREAT TIME TO ENTER A BUY POSITION ON RMHB. USUALLY A PERSON HAS UP TO THREE DAYS TO ENTER INTO A TRADE ONCE AN X IS FORMED FOR BEST PROFITS.
WHEN AN X APPEARS ON THE CHART NEXT THAT INDICATES A SELLING POINT, NO SECOND X YET!
ULCER INDEX SITS AT
13.99
That's not a bad number but it would be nice to see that lower of course. The NAME ULCER indicates exactly what you think. And that is, how good or bad a stock really is. Meaning if it will give you an ULCER at a HIGHER NUMBER. I've seen other stocks perform GREAT with an ULCER INDEX HIGHER THAN 13.99. Obviously though, the LOWER THE NUMBER THE BETTER YOU FEEL, HAHA!!
Well, that's all for the chart info today!
I sincerely hope everyone appreciates my work!
ROCK ON RMHB!!